Monday, December 29, 2014

A New & Improved Southgate Plaza Is In The Works


Southgate Plaza in the early 1960s.

The shopping center in 2004.

Exciting changes are in store for Southgate Plaza, at the intersection of Florin Road and Franklin Boulevard!

Sandy Sigal, the president and CEO of the center’s landlord NewMark Merrill, told the Sacramento Business Journal this summer that, “Southgate Plaza has always had a great location, with great visibility to the community. After making a large investment in both the physical appearance of the center, as well as providing events to make the community feel very welcomed and to spend more time here, we believe that Southgate Plaza will be a long-term asset to Sacramento.” (source: SBJ, 07/28/14)

A $6 million revitalization of the shopping center is in progress, including parking and landscaping upgrades, new paint and signage, and improved security.

A Walmart Neighborhood Market plans to open at the plaza in the summer of 2015. The market will fill approximately 50,000 square feet in the former Walmart building. This building has been vacant since 2009 when the retailer relocated to a larger Walmart Supercenter at Florin Towne Centre, east of Highway 99. The remaining 80,000 square feet of the building will be marketed by the landlord to prospective tenants. This space may be subdivided to accommodate multiple tenants.

Ross Dress for Less will be a few doors down from the market. The 27,300 square foot store plans to open in the first quarter of 2015. Ross is returning to the center after leaving several years ago.

F&M Bank also plans to open on February 17, 2015 at Southgate Plaza. The bank will relocate from their Franklin Boulevard location and move into part of the former Blockbuster building.

Budget Mobile, a new arrival to the Florin Road corridor. opened in the center in October. Budget Mobile provides government assisted wireless service to low-income families and individuals.

Sunday, December 14, 2014